FORBES · 2026-10-30 17:18 UTC

Binance Cofounder Asks Musk Not To 'Troll' After Record $6.3 Billion Crypto Hack

Binance suffered a $6.3 billion cryptocurrency hack on Thursday, suspected to be the largest in history, with the company saying user funds are safe and it will cover losses using its Secure Asset Fund. Binance cofounder CZ asked Elon Musk to stop trolling after Musk reacted with a grimacing emoji to news of the hack, noting Binance's $1 billion in SpaceX shares from a $500 million investment in Musk's Twitter takeover. TRM Labs suspects the TraderTraitor hacking group is responsible, with the attack beginning around 4 p.m. EDT Thursday and moving over $6 billion from Binance wallets, with…

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